Market Dynamics:
In 2021, the global post-menopausal osteoporosis treatment market exhibited significant strength, and it is projected to experience a rapid Compound Annual Growth Rate (CAGR) in revenue over the forecast period. The increasing prevalence of osteoporosis among menopausal women worldwide is a driving force behind the revenue growth in the post-menopausal osteoporosis treatment market. However, a shortage of qualified experts and the side effects associated with treatment options for post-menopausal osteoporosis are the key factors impeding the market’s revenue growth.
Fastest Growing Region (Asia Pacific): Asia Pacific is expected to register a significant revenue CAGR over the forecast period. Countries like China and India are experiencing a substantial increase in the population diagnosed with post-menopausal osteoporosis. The presence of targeted drug manufacturers and the expansion of healthcare facilities in the region are key factors expected to drive revenue growth.
Key Market Trends and Innovation:
- Since March 2022, a phase 4 comparison study has been ongoing to assess the effectiveness of two FDA-approved medications, Ramucirumab and Denosumab, in treating osteoporosis.
- A randomized, double-blind, multicenter phase III study to compare the efficacy and safety of RGB-14-P to Prolia in women with post-menopausal osteoporosis has been ongoing since September 21, 2021.
Competitive Landscape:
Organic and Inorganic strategies adopted:
- As of August 2022, Pre-Marketing Drug Intensive Monitoring Surveillance of EDIROL in Patients with Postmenopausal Osteoporosis.
- In April 2019, Evenity received approval from the U.S. Food and Drug Administration (FDA) for the treatment of osteoporosis in postmenopausal women at high risk of fractures.
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Factors Supporting Market Growth:
Osteoporosis is characterized by low Bone Mineral Density (BMD), a multifaceted systemic skeletal condition that results in bone fragility due to the degradation of bone tissue microstructure. The World Health Organization (WHO) defines osteoporosis as having a T-score of less than or equal to 2.5, while osteopenia is defined as having a T-score between 1.0 and 2.5. The lumbar spine and femoral neck are the anatomical regions of interest for diagnosis.
Drivers: There are numerous factors contributing to the growth of the post-menopausal osteoporosis market. It is estimated that the prevalence of osteoporosis increases from one-third among individuals aged 50 to 60 to over 50% among those over 80 years old. By 2050, an estimated 6 million people worldwide, both men and women, will have osteoporosis, with 75% residing in developing nations. The availability of FDA-approved non-estrogen treatment options such as bisphosphonates and denosumab is boosting the treatment market for post-menopausal osteoporosis. Moreover, the increasing global population of older women, including those experiencing menopause, is contributing to market growth. In the United States, there are 9.31 million women over the age of 50 who appear to be in menopause, representing 36.8% of all females. Women constitute 21.5% of the population between the ages of 50 and 64 and 15.2% of those over 65. The market is benefiting from the development of efficient and targeted treatments, as well as innovations in medication delivery, including injectable options and vitamin supplements for symptom relief in post-menopausal osteoporosis. These medical alternatives make it easier to treat post-menopausal osteoporosis locally, contributing to revenue growth.
Opportunities: The increasing focus on research and development in pharmaceuticals for targeted treatment of post-menopausal osteoporosis is driving market growth. Currently, new non-estrogen regulatory medications are being developed for osteoporosis treatment. There is an opportunity to educate and raise awareness among the population about the disease, which can be used by scientists and innovators to develop effective medications for post-menopausal osteoporosis patients.
Geographic Market Scenario:
Largest Market Share (North America): North America is expected to hold the largest revenue share over the forecast period. This is due to the introduction of new treatment options in the region, increased healthcare expenditures, and the availability of treatment choices. Furthermore, growing awareness of the disease has contributed to revenue growth in the region.
Major Companies in the Market Include:
- Amgen Inc.
- Clonz Biotech
- Eli Lilly and Company
- Enteris BioPharma
- Ligand Pharmaceuticals Incorporated.
- Merck & Co., Inc.
- Outlook Therapeutics, Inc.
- Paras Biopharmaceuticals
Treatment Outlook (Revenue, USD Billion; 2019-2030):
- Vitamin D
- Bisphosphonates
- Calcitonin
- Hormone Replacement Therapy
- Estrogen Antagonist
- Parathyroid Hormone
- Combination Therapy
- Others
Regional Outlook (Revenue, USD Billion; 2019-2030):
- North America (U.S., Canada, Mexico)
- Europe (Germany, U.K., France, Italy, Spain, Benelux, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
- Latin America (Brazil, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
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